Booking Holdings Inc. $BKNG Shares Sold by ST Germain D J Co. Inc.

Key Points

• ST Germain D J Co. Inc. has reduced its stake in Booking Holdings by 1.4%, owning 6,224 shares valued at approximately $36 million, making it the firm's 13th largest holding.
• Booking Holdings reported a Q2 EPS of $55.40, exceeding estimates, and achieved $6.80 billion in revenue, reflecting a 16% increase year-over-year.
• The company recently announced a quarterly dividend of $9.60 per share, which represents a 0.7% yield, with an ex-dividend date set for September 5th.

ST Germain D J Co. Inc. lowered its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 1.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,224 shares of the business services provider's stock after selling 87 shares during the period. Booking makes up approximately 1.6% of ST Germain D J Co. Inc.'s portfolio, making the stock its 13th biggest holding. ST Germain D J Co. Inc.'s holdings in Booking were worth $36,033,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Booking by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 2,956,462 shares of the business services provider's stock valued at $13,620,154,000 after purchasing an additional 30,054 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Booking by 521,609.7% during the first quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider's stock worth $10,887,718,000 after purchasing an additional 2,362,892 shares in the last quarter. Northern Trust Corp boosted its stake in shares of Booking by 0.5% in the first quarter. Northern Trust Corp now owns 370,327 shares of the business services provider's stock valued at $1,706,063,000 after purchasing an additional 1,699 shares during the period. Deutsche Bank AG grew its holdings in Booking by 6.6% during the 1st quarter. Deutsche Bank AG now owns 296,331 shares of the business services provider's stock valued at $1,365,170,000 after purchasing an additional 18,268 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Booking by 3.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 222,200 shares of the business services provider's stock worth $1,023,655,000 after buying an additional 8,015 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

Booking Stock Up 0.9%

Booking stock opened at $5,575.73 on Friday. The firm has a 50-day moving average price of $5,556.53 and a two-hundred day moving average price of $5,255.83. Booking Holdings Inc. has a 52-week low of $4,060.98 and a 52-week high of $5,839.41. The firm has a market capitalization of $180.71 billion, a price-to-earnings ratio of 38.78, a PEG ratio of 1.59 and a beta of 1.39.

Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $50.32 by $5.08. The business had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The business's revenue was up 16.0% on a year-over-year basis. During the same period in the previous year, the firm posted $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. Research analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, September 5th will be issued a dividend of $9.60 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $38.40 annualized dividend and a yield of 0.7%. Booking's payout ratio is presently 26.71%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on BKNG shares. Royal Bank Of Canada raised their target price on Booking from $5,900.00 to $6,100.00 and gave the company an "outperform" rating in a research note on Wednesday, July 30th. Bank of America lifted their price target on Booking from $5,820.00 to $5,850.00 and gave the stock a "neutral" rating in a research note on Thursday, July 24th. DA Davidson lifted their price objective on shares of Booking from $5,750.00 to $6,500.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Barclays increased their target price on shares of Booking from $5,700.00 to $6,000.00 and gave the stock an "overweight" rating in a report on Wednesday, July 30th. Finally, Truist Financial boosted their price objective on shares of Booking from $4,720.00 to $5,630.00 and gave the company a "hold" rating in a research report on Monday, July 14th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $5,808.81.

Insiders Place Their Bets

In related news, Director Vanessa Ames Wittman sold 15 shares of the firm's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total transaction of $82,500.00. Following the completion of the transaction, the director owned 747 shares of the company's stock, valued at $4,108,500. This trade represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total value of $352,755.20. Following the transaction, the director directly owned 131 shares in the company, valued at approximately $722,045.80. The trade was a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,195 shares of company stock worth $23,467,630 over the last ninety days. Company insiders own 0.16% of the company's stock.

Booking Profile

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

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